Bosch Austria Boosts Sales by 8% and Invests €120 Million in R&D

PeopleExecutives ♦ Published: June 14, 2018; 13:20 ♦ (Vindobona)

During the 2017 fiscal year, Bosch increased its sales on the Austrian market by around eight percent to 1.25 billion euros. "We have achieved record sales. All business sectors contributed to the positive development," said Dr. Klaus Peter Fouquet, sole board member of Robert Bosch AG and representative of the Bosch Group in Austria.

Dr. Klaus Peter Fouquet, Bosch Austria CEO, at the Bosch Group's 2018 Annual Press Conference / Picture: © Robert Bosch AG / APA-Fotoservice/Schedl

The number of Bosch employees in Austria remained stable at around 2,900 in 2017.

"Austria remains an important market for Bosch," said Fouquet. Bosch got off to a good start in Austria in 2018. Bosch Austria's sales in the first quarter of 2018 are higher than in the previous year. "We continue to see favorable growth and earnings prospects for 2018," says the Bosch manager.…